Aspire App

Singapore, Singapore Founded: 2018 • Age: 8 yrs
Digital banking services are offered to businesses in Asia.

About Aspire App

Aspire App is a Financial Services company based in Singapore (Singapore) founded in 2018 by Andrea Baronchelli, Giovanni Casinelli, and Joel Leong. Digital banking services are offered to businesses in Asia. Aspire App has raised $200.56 million across 6 funding rounds from investors including Tencent, Lightspeed Venture Partners and LGT Capital Partners. Its chief executive, as recorded, is Andrea Baronchelli. Its website aspireapp.com draws about 319 thousand monthly visits. Its focus areas include FinTech, Banking Tech, Internet First Banks and Through Bank Partnerships.

Company details

Aspire was founded in 2018 in Singapore as a digital bank targeting businesses. Current accounts, NFC-enabled prepaid cards, money transfers, and cash withdrawals are provided through a mobile app available on Android and iOS. A business line of credit is extended, along with financial tools designed for SMEs to address cash flow and working capital requirements. Operations are centered in the fintech sector across Southeast Asia.

  • Headquarters Singapore, Singapore
  • Founders Andrea Baronchelli, Giovanni Casinelli, Joel Leong
  • Sectors
    Financial Services
  • Website category Finance · Financial Planning and Management
  • Email
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  • Phone
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  • Website aspireapp.com
  • Social LinkedIn X Facebook Instagram
Key Metrics
  • Total Equity Funding
    $200.56M (USD)

    in 6 rounds

  • Latest Funding Round
    $100M (USD), Series C

    Feb 2023

  • Investors
    Tencent

    & 24 more

Apps and channels of Aspire App

Aspire App publishes 2 mobile apps with over 50K+ downloads.

Aspire Business Account & Card
Google Play Finance Everyone Free
Developer: Aspire FT Pte Ltd
View on Google Play
Aspire Business Account & Card
App Store Finance 4+
Developer: Aspire FT Pte Ltd
View on App Store

Funding Insights of Aspire App

Aspire App has successfully raised a total of $200.56M across 6 strategic funding rounds. The most recent funding activity was a Series C round of $100 million completed in February 2023. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

  • Total Funding $200.56M
  • Total Rounds 6
  • Last Round Series C β€” $100M
  • First Round $500,000

    (Jun 2018)

  • Investors Count 25

All 6 funding rounds of Aspire App with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Feb 2023$100MSeries C–Lightspeed Venture Partners, Peak XV Partners
Sep 2021$100MDebt – Conventional––
Sep 2021$58.56MSeries B–DST Global, CE Innovation Capital
Jul 2019$32.5MSeries A–MassMutual Ventures
Jul 2018$9MSeed–Insignia Ventures Partners, Mark 2 Capital
–
Jun 2018$500,000Seed––
Valuation history

25 investors in total: 18 institutional and 7 angel.

Investors in Aspire App

Aspire App has secured backing from 25 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include Tencent, Lightspeed Venture Partners and LGT Capital Partners.

All
Venture Fund
Institutional
Angel
InvestorDescriptionFounded YearDomainLocation
Venture capital investing in innovative companies across global sectors is undertaken by Lightspeed Venture Partners.
1997lsvp.comMenlo Park, United States
Venture capital firm focused on early stage healthcare, renewable energy, real estate, finance, and multiple businesses
picuscap.comMunich, Germany
Corporate-backed venture capital fund
massmutualventures.comBoston, United States
Principal investments in alternative strategies are made alongside clients.
1997lgtcp.comPfaffikon, Switzerland
Venture capital firm investing in startups and providing support programs.
2000peakxv.comBengaluru, India
Venture capital fund investing in early-stage tech startups
paypal.vcSan Jose, United States
Venture capital investment firm
dst-global.comMenlo Park, United States
Early-stage startups are funded by this Beijing-based venture capital fund.
ceinnovationcap.comBeijing, China
Investments in early-stage startups are focused on by Hummingbird Ventures.
hummingbird.vcLondon, United Kingdom
Multistage investments are directed toward technology, healthcare, and climate sectors.
b.capitalManhattan Beach, United States
Premium access

Investor details for Aspire App

The complete investor list, round-by-round participation and investor portfolios require an active premium plan.

  • Complete investor list
  • Round participation
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Verified entity values are shown only after access is granted.

People of Aspire App

53 people are tracked at Aspire App (15 in leadership, 38 in team).

NameRoleGroup
Andrea Baronchelli
Co-Founder & CEOLeadership
Giovanni Casinelli
Co-FounderLeadership
Joel Leong
Co-FounderLeadership
Ajar Upadhyay
Head Of Operations - IndiaLeadership
Ian Lee
General ManagerLeadership
Olivier Dauw
Chief Operating OfficerLeadership
Rahul Rajpal
Vice President Customer Experience & Global OperationsLeadership
Aditya Srinivasan
Head Of Revenue OperationsLeadership
Asad K.
Vp, Global Head Of PartnershipsLeadership
Sandro Pelaez
Product Director, FincrimeLeadership
Akshay Vats
Head Of Care OperationsLeadership
Akash Kaul
VP Expansion And GrowthLeadership
Tim McCoy
Co-founderLeadership
Jaco Struik
VP Of Fraud & FincrimeLeadership
Dajana Nozic
Managing Director NLLeadership
Ozan Altunbey
OpsTeam
Mohit Srivastava
Product & Financial AnalyticsTeam
Ye Yuan
Regional Strategic Partnerships, Senior ManagerTeam
Jamie Nicole Kuek
Channel Partnerships ManagerTeam
Guy van Manen
CX Escalations LeadTeam

33 more people are available in the full profile.

Premium access

Complete people profiles for Aspire App

Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.

  • Full employee list
  • Team structure
  • Board tenure
  • Professional contacts

Verified entity values are shown only after access is granted.

Timeline of Aspire App

3 dated milestones of Aspire App across 5 years, from founding to its latest funding, stage changes and deals.

  1. Founded Aspire App is founded.
  2. Funding First funding round of $500K.
  3. Funding Latest funding round, Series C, of $100.0M.

Web traffic of Aspire App

The website of Aspire App (aspireapp.com) receives about 318.8K visits a month and ranks #145,013 among all websites worldwide, #9,023 in Financial Planning and Management.

  • Monthly visits
    318.8K

    ▲ 29.6% vs previous month

  • Unique visitors
    94K

    per month

  • Global rank
    #145,013

    among all websites

  • Category rank
    #9,023

    Finance · Financial Planning and Management

Similar websites

Websites whose visitors overlap most with Aspire App. Affinity shows how closely the audiences match.

WebsiteDomainAudience affinityMonthly visitsGlobal rankProfile
bbcincorp.com
bbcincorp.com
100%
#404,323–
aeon.com.hk
97%
265.1K#178,742View details
thecurrencyclub.co.uk
95%
61.6K#702,839View details
statrys.com
95%
193.4K#211,297View details
alphacomm.io
95%
10.9K#2,171,641View details
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β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
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  • Audience overlap
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Verified entity values are shown only after access is granted.

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Related news about Aspire App

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Complete news archive for Aspire App

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Frequently Asked Questions about Aspire App

Aspire App was founded in 2018.

Aspire App is headquartered in Singapore, Singapore.

Andrea Baronchelli is the CEO of Aspire App, as recorded in our data. They have also founded this company.

Aspire App is a funded company, having raised a total of $200.56M across 6 funding rounds to date. The company's 1st funding round was a Seed of $500K, raised on Jun 2018.

Aspire was founded in 2018 in Singapore as a digital bank targeting businesses. Current accounts, NFC-enabled prepaid cards, money transfers, and cash withdrawals are provided through a mobile app available on Android and iOS. A business line of credit is extended, along with financial tools designed for SMEs to address cash flow and working capital requirements. Operations are centered in the fintech sector across Southeast Asia.

Aspire App has 25 investors. Key investors include Tencent, Lightspeed Venture Partners, LGT Capital Partners, Peak XV Partners, and Picus Capital.

Yes. Aspire App publishes Aspire Business Account & Card and 1 more app, with over 50,000 downloads.

The website of Aspire App receives about 319 thousand visits a month and ranks #145,013 among all websites worldwide.

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